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Pay Relief for Moulivakkam Tower: Loanee

Published: 22nd January 2015 06:00 AM  |   Last Updated: 22nd January 2015 04:14 AM   |  A+A-

CHENNAI: A writ plea was filed in the Madras High Court, on Wednesday, demanding compensation for the complete destruction of a house on account of the 11-storey building collapse in Moulivakkam on June 28, last.

The petitioner, S M Daniel (46) of St Thomas Mount, contended that he had availed `32 lakhs from the Pallavaram branch of the Axis Bank and purchased a 675 sq ft vacant land situated adjacent to the ill-fated 11 storey building in Moulivakkam for a consideration of `40 lakhs in June, 2012 and constructed a house. The bank interest was 11 per cent with 180 instalments of `36,398 per month.

While the process of repaying the money through instalments was on, the 11-storey building collapsed and totally damaged his house on June 28. Due to this, he had to move into another house for a monthly rent of `15,000.

The petitioner contended that he was prevented from entering his property and re-structure a part of it for him to live in. The government erected a board declaring the area prohibited and warned violators of action. Daniel argued that he should not be punished for the misdeeds of the government agencies such as CMDA, Chennai Corporation and private builder ‘Prime Srishti Housing Private Limited’. He further said that the TN government was responsible for the damage and hence liable to pay compensation. He added that the Axis bank could collect the money lent from the insurance company.

Justice TS Sivagnanam, before whom the writ petition came up for hearing, ordered notice to the authorities concerned returnable in eight weeks.

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